Osisko Development Announces Management Update
February 02 2024 - 7:00AM
Osisko Development Corp. (NYSE: ODV, TSXV: ODV)
("
Osisko Development" or the
"
Company") announces today that François Vézina,
Senior Vice President, Project Development, Technical Services and
Environment, will be leaving the Company on March 1, 2024, to
pursue another opportunity in the mining sector.
The Company will evaluate potential external and
internal candidates, as it prepares to re-position for and
transition toward future growth initiatives. Mr. Éric Tremblay,
current interim Chief Operating Officer and Director of the
Company, will continue to oversee and support the technical
services and environmental sustainability groups. Mr. Vézina will
remain available in an advisory capacity.
"François has been an invaluable member of the
leadership team and the Osisko family for many years. I would like
to thank him on behalf of the entire management team and the Board
for his tireless dedication, technical acumen, and leadership
contributions, all of which have been instrumental in advancing our
key development assets, while setting the highest standards in
innovation and sustainable mine development. We wish him the best
of success in his new endeavour," said Sean Roosen, Chairman and
CEO.
"I have full confidence in the existing
environmental and permitting teams and the continuity of their
work, who have been essential in successfully navigating the
Environmental Assessment process at the Cariboo Gold Project since
2019. With Eric's oversight and support, we are well positioned to
guide and de-risk this project through the remaining stages of the
ongoing permitting process," noted Sean Roosen.
ABOUT OSISKO
DEVELOPMENT CORP.
Osisko Development Corp. is a premier North
American gold development company focused on high-quality
past-producing properties located in mining friendly jurisdictions
with district scale potential. The Company's objective is to become
an intermediate gold producer by advancing its 100%-owned Cariboo
Gold Project, located in central B.C., Canada, the Tintic Project
in the historic East Tintic mining district in Utah, U.S.A., and
the San Antonio Gold Project in Sonora, Mexico. In addition to
considerable brownfield exploration potential of these properties,
that benefit from significant historical mining data, existing
infrastructure and access to skilled labour, the Company's project
pipeline is complemented by other prospective exploration
properties. The Company's strategy is to develop attractive,
long-life, socially and environmentally sustainable mining assets,
while minimizing exposure to development risk and growing mineral
resources.
For further information, visit our website at
www.osiskodev.com or contact:
Sean Roosen |
Philip Rabenok |
Chairman and CEO |
Director, Investor Relations |
Email: sroosen@osiskodev.com |
Email: prabenok@osiskodev.com |
Tel: +1 (514) 940-0685 |
Tel: +1 (437) 423-3644 |
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this news release. No stock exchange,
securities commission or other regulatory authority has approved or
disapproved the information contained herein.
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